Only the Sponsored Projects Office (non-profit and federal/state awards) and Industry Alliances Office (corporate sponsored research) may accept and sign grant agreements on behalf of the University of California, Berkeley.
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Both gifts and grants may be given for specific research or operating support. However, grants often mandate a very detailed scope of work and time frame, and have expected outcomes.
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Grants often also include a line-item budget that the campus must adhere to when spending funding, as well as detailed financial reporting back to the funder.
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A funder may require that monies not expended during the timeline of the project, be returned to them.
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Finally, a grant may specify that the funder will receive specific material, training, a report, or product in return that might be intellectual property, patent rights, copyright, or technical reports.
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Grants are given by federal and state entities, as well as non-profit institutions. Grants are not given by corporations. Grants are negotiated by the Sponsored Projects Office.